This property might be a fair Mid-Term investment with a projected 2.88% first-year return on $88,287 initial cash invested.
2.88%
Cash On Cash
7.36%
Cap Rate
1.21
DSCR
$3,573
Rent
$212
Cashflow
Cash Flow
$3,573 income − $3,361 expenses = $212 cash flow
Investment Breakdown
|
Purchase Price
$335k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,287
Downpayment
20%
$66,940
Closing costs
1%
$3,347
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,573
Total Expenses
$3,361
Mortgage P&I
48%
$1,697
Property Taxes
9%
$332
Home Insurance
3%
$117
HOA
0%
$0
Property Management
12%
$429
CapEx
4%
$143
Vacancy
3%
$107
Maintenance
4%
$143
Other
11%
$393